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Mrs Lu is taking the loan out for her daughter, student Oanh. Oanh is a first-year student of Natural Science at the Hanoi National University. She has to spend 3.5 more years to finish the program. After graduation, she will be an expert in geography. She hopes to work at a school as a teacher. Currently, she wants to get a loan of 10,206,000 Vietnam dong to pay the tuition fee and other expenditure since her house is very far from the university.

Additional Information

More information about this loan

This loan is part of SEDA's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options. 

About SEDA:

The Center of Small Enterprise Development Assistance (SEDA) is a non-profit organization whose vision is to create “a society without poverty.” Founded in 2004, SEDA provides microfinance services to low-income and disadvantaged people in rural areas of Hanoi and the northern provinces of Vietnam through its Binh Minh Micro-Finance Program.

You can also join SEDA’s lending team to assist SEDA in continuing to support its portfolio of borrowers.

About Vietnam

  • $5,600
    Average annual income
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $17,316,975
    Funds lent in using Kiva
  • 21,011.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lu to pay her daughter's tuition fee and other expenditure.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 14, 2011
Jan 17, 2012
Currency Exchange Loss:
Jul 19, 2013